Nine buyers of the properties built by PT Kapuk Naga Indah (a subsidiary of Agung Sedayu Group) on Island C and D of the Jakarta Bay reclamation project decided to take legal steps against the conglomerate last year. The buyers claimed that there was no certainty about the construction of the properties they had purchased. The lawsuit was filed first at the Consumer Dispute Settlement Board (BPSK), but to no avail. The buyers later decided to file a civil lawsuit at the North Jakarta District Court. The buyers also tried to win public support but this backfired on them. Nevertheless, the buyers refuse to give up. On April 9, 2018, a legal counsel that represent the two of the buyers said that they had filed for a bankruptcy lawsuit against the Company.To subscribe please click here